Is Malba, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Malba has remained a Buyer's Market.
Housing Prices in Malba, NY
How much do homes in Malba, NY cost?
Median Sold Price
$981,500
$599/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Malba was $981,500 in April 2024, up 1.4% from last year, and the median price per square foot was $599.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $345.6K | $337.5K | -2.4% |
2 Bedrooms | $453.9K | $395K | -13.0% |
3 Bedrooms | $897K | $1.0M | +17.1% |
4 Bedrooms | $1.2M | $1.2M | +1.3% |
5+ Bedrooms | $1.3M | $1.5M | +13.2% |
Summary: Malba housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 13.2%.
Median Sold Price Compared To Nearby Neighborhoods
Malba | $967.5K | $981.5K | +1.4% |
Northeastern Queens | $737.4K | $718K | -2.6% |
Whitestone | $945K | $915K | -3.2% |
Beechhurst | $790K | $478K | -39.5% |
Housing Supply in Malba, NY
How many homes are available in Malba, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 27 | +42.1% |
Summary: The Malba real estate market had 27 homes for sale in April 2024, a 42.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 3 | 7 | +133.3% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Malba housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 133.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Malba in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Malba, NY
How long does it take to sell a home in Malba, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
109 Days | 78 Days | -28.8% |
Summary: Homes in Malba had an average of 78 days on market in Apr 2024, down by 28.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Malba; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.